Often successful stories are shared & while we can learn from wins, I often find I learn more lessons from failure. So I wanted to share my experience with the community. Thanks for reading this is long! Buckle up...
Hi Everyone -I am getting ready to contract on my first multifamily property. We are purchasing 3 duplexes all next to each other. It's like a small 6 unit apartment. Are there any good check lists for inspections on ...
During the latest and greatest podcast featuring Jay Papasan, Jay brought up an interesting point made by Trump that he learned nothing when the markets were good and everything in down markets (I'm sure I butchered t...
Investment Info:
Single-family residence buy & hold investment in Aberdeen.
Purchase price: $69,000
Cash invested: $13,500
2 Bedroom, 1 Bath Rental with tenants already in place.
What m...
Well, after six years, I finally have my first eviction. I'd been getting pretty smug about my property management skills, so I guess I was about due. I'm writing this post because in looking back, I can see I ma...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $84,500
Cash invested: $3,200
Duplex, 1/1 and 2/1. First MF investment property. Started with Section 8 tena...
Full disclosure: this long drawn out situation is over, but it is still worth sharing so other members can learn from my blunders. I rented out an SFR to a corporate leasing service (they rented out the rooms on thei...
Today is a big day for me- my 1st tenant is moving in. Back in April of this year we started down the road of BRRR. Here is a link to the thread: https://www.biggerpockets.com/forums/223/topics/19...So the numbers: ...
Spring of 2010.We (my father and I) purchased a home in the Inland Empire of Southern California. It was a brand new 3Bed 2Ba SFH that was listed at an unbelievably low price. A little backstory on this property; this...
Let me first start by saying that I am far from being a newb in Short Sales. I'll be the first to admit that I'm not dumb enough to 'claim' to be doing short sales since 1952 or some crazy stuff like that.
As most o...